Thursday, February 01, 2007

Did Somebody Tell Him That Populism is the Science of Getting Popular Again?

Quotes from Today's news:

"America's corporate boardrooms must step up to their responsibilities, you need to pay attention to the executive compensation packages that you approve."

"The fact is that income inequality is real ... The earnings gap is now twice as wide as it was in 1980 — and it continues to grow."

-President W, discussing CEO compensation.

"...if you have an Adjusted Gross Income of $200,000 or more, your participation in the commodity programs under Title I of the Farm Bill would cease. That is, in the top 2.3 percent of Americans if you look at the statistics of the Internal Revenue Service."

-Ag Sec. Johanns, explaining the new farm bill proposal from the Bush administration.

What, exactly, is going on here?

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